Pidilite Industries Limited has informed the Exchange about Action(s) initiated or orders passed

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PIDILITIND · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹1548.10

prior close

₹1559.20

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%-1.7% vs market

Specialty Chemicals peers, median of 82sector-0.1%-1.2% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty 100 and 1.2 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-1.0

15m

-1.4

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.5-1.7-0.1-1.2

Next day

-1.6+1.6-3.2+0.2-1.8

-1.0+2.1-3.1+1.5-2.5

-0.5+2.2-2.7+1.8-2.3

-1.0+2.2-3.3+1.9-2.9

-1.5+1.1-2.6+0.6-2.1

-3.3+1.3-4.5+1.3-4.5

15d

-2.7+3.5-6.2-0.2-2.5

-1.1+3.3-4.4+1.0-2.2

-3.0+0.1-3.1-2.1-0.9

-0.0+0.5-0.5-4.7+4.7

UpDownMarket · Nifty 100Sector · Specialty Chemicals peers, median of 82Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Pidilite Industries has informed the exchanges that it received an order dated 4th June 2025 from the Assistant Commissioner of Vapi, Gujarat, imposing a penalty of Rs. 13,18,012 under the Central Goods and Services Tax Act for FY 2020-2021. The company plans to appeal the order and is reviewing its next legal steps. Pidilite has stated that there is no material impact on its financials, operations, or other activities.

Likely market impact

The penalty amount is very small (around Rs. 13 lakh) relative to Pidilite's overall business, and the company has confirmed no material financial impact. Shareholders are unlikely to see any meaningful effect on the stock price from this routine tax matter.